GNOM.L vs. SILG.L
GNOM.L (Global X Genomics & Biotechnology UCITS ETF) and SILG.L (Global X Silver Miners UCITS ETF USD Accumulating) are both exchange-traded funds - GNOM.L is a Health & Biotech Equities fund tracking the Global X Genomics & Biotechnology UCITS ETF, while SILG.L is a Silver fund tracking the Solactive Global Silver Miners Total Return v2 Index. Both are passively managed. Over the past 3 years, GNOM.L returned 4.58%/yr vs 41.58%/yr for SILG.L. At a 0.30 correlation, their price movements are largely independent. GNOM.L charges 0.50%/yr vs 0.65%/yr for SILG.L.
Performance
GNOM.L vs. SILG.L - Performance Comparison
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Different Trading Currencies
GNOM.L is traded in USD, while SILG.L is traded in GBP. To make them comparable, the SILG.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, GNOM.L achieves a 22.10% return, which is significantly higher than SILG.L's -9.39% return.
GNOM.L
- 1D
- -0.17%
- 1M
- 11.69%
- 6M
- 15.71%
- YTD
- 22.10%
- 1Y
- 62.79%
- 3Y*
- 4.58%
- 5Y*
- —
- 10Y*
- —
SILG.L
- 1D
- 0.00%
- 1M
- -13.36%
- 6M
- -20.80%
- YTD
- -9.39%
- 1Y
- 58.71%
- 3Y*
- 41.58%
- 5Y*
- —
- 10Y*
- —
GNOM.L vs. SILG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
GNOM.L Global X Genomics & Biotechnology UCITS ETF | 22.10% | 19.30% | -17.99% | -5.77% | -2.51% |
SILG.L Global X Silver Miners UCITS ETF USD Accumulating | -9.39% | 173.15% | 11.64% | -1.40% | -9.85% |
Correlation
The correlation between GNOM.L and SILG.L is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since May 6, 2022 | 0.30 |
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Return for Risk
GNOM.L vs. SILG.L — Risk / Return Rank
GNOM.L
SILG.L
GNOM.L vs. SILG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Genomics & Biotechnology UCITS ETF (GNOM.L) and Global X Silver Miners UCITS ETF USD Accumulating (SILG.L). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| GNOM.L | SILG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.05 | ||
| Sortino ratioReturn per unit of downside risk | +1.35 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.20 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 3.35 | 1.52 | +1.83 |
| Martin ratioReturn relative to average drawdown | 9.16 | 3.40 | +5.76 |
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Drawdowns
GNOM.L vs. SILG.L - Drawdown Comparison
The maximum GNOM.L drawdown since its inception was -69.32%, which is greater than SILG.L's maximum drawdown of -38.86%. Use the drawdown chart below to compare losses from any high point for GNOM.L and SILG.L.
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Drawdown Indicators
| GNOM.L | SILG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.32% | -38.86% | -30.46% |
Max Drawdown (1Y)Largest decline over 1 year | -18.91% | -38.86% | +19.95% |
Max Drawdown (3Y)Largest decline over 3 years | -44.77% | -38.86% | -5.91% |
Current DrawdownCurrent decline from peak | -37.11% | -35.74% | -1.37% |
Average DrawdownAverage peak-to-trough decline | -47.16% | -13.72% | -33.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.92% | 17.30% | -10.38% |
Volatility
GNOM.L vs. SILG.L - Volatility Comparison
The current volatility for Global X Genomics & Biotechnology UCITS ETF (GNOM.L) is 8.41%, while Global X Silver Miners UCITS ETF USD Accumulating (SILG.L) has a volatility of 15.78%. This indicates that GNOM.L experiences smaller price fluctuations and is considered to be less risky than SILG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GNOM.L | SILG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.41% | 15.78% | -7.37% |
Volatility (6M)Calculated over the trailing 6-month period | 22.18% | 44.46% | -22.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.87% | 55.10% | -25.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.11% | 43.42% | -10.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.11% | 43.42% | -10.31% |
GNOM.L vs. SILG.L - Expense Ratio Comparison
GNOM.L has a 0.50% expense ratio, which is lower than SILG.L's 0.65% expense ratio.
Dividends
GNOM.L vs. SILG.L - Dividend Comparison
Neither GNOM.L nor SILG.L has paid dividends to shareholders.
Frequently Asked Questions
GNOM.L and SILG.L have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GNOM.L is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GNOM.L is cheaper with a 0.50% expense ratio, compared with 0.65% for SILG.L.
GNOM.L is categorized as Health & Biotech Equities, while SILG.L is Silver. GNOM.L tracks Global X Genomics & Biotechnology UCITS ETF, while SILG.L tracks Solactive Global Silver Miners Total Return v2 Index. Their fees differ too: 0.50% for GNOM.L and 0.65% for SILG.L.
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